In my case, I have residential rentals in one LLC, commercial properties in another, self storage in a third, and my real estate company operates in a fourth.

Quote from @Nathan Gesner: Quote from @James Wesley: Yes, I am doing my best at educating them, but just doesn't resonate.I believe the difference between a hotel's hot tub is that it's commercial system with a larger filtration system, not a standalone residential product.No, it doesn't need to be drained every time.

Cheers,Jasper, the Pat Aboukhaled investor team,Turning investment visions into reality in Phoenix, AZ - ranked #1 for residential real estate growth and opportunity by PwC.Mobile: (480) 531-837

I'm not sure about Colorado, but there is a city where we have 1 (soon 2) STRs where STRs are not allowed in residential zones, but are allowed in commercial/mixed zones.   

Finding the right property management company is crucial to protecting and enhancing your real estate investments.

These moves could spur further economic growth in the area, create jobs, and possibly attract more tech investments, all of which could have ripple effects on commercial real estate and local housing markets.For investors, this development could present opportunities in both residential and commercial real estate, especially with the potential influx of new employees and businesses to support these expanding operations.

In my case, I have residential rentals in one LLC, commercial properties in another, self storage in a third, and my real estate company operates in a fourth.

Jasper, the Pat Aboukhaled investor team,Turning investment visions into reality in Phoenix, AZ - ranked #1 for residential real estate growth and opportunity by PwC. 

A cost segregation study was performed on this residential condo in Jupiter, FL purchased in 2022 with a depreciable cost basis of $672,870.

I also have 401k/ IRA which put me on coast FI.So here is the question for you:Would you pull out 500,000 From the equity on the portfolio to do the following:Invest in Short term rental properties, in long term residential rental properties that are more aligned to appreciation.It would decrease cash flow by $2000 in the short term.